PAR 3.92% 24.5¢ paradigm biopharmaceuticals limited..

research reports and media, page-33

  1. 4,294 Posts.
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    Ok while Im waiting for the next bit of news, tell me if these calcs work at all...
    Average volume of shares for last x months is like 400,000...on some heavy (good) days we've had upwards of 1/1.3 million shares and the Sp goes up nicely.
    Tonight, prob as I type, we have the sophisticated/professional investor seminar happening in Perth. I dont know the numbers but lets estimate 180 (150 was mooted a few days ago)...according to the corporations act you need either 250 K per annum (for last 2 years) OR 2 million in net assets to be in this group, so these are folks with some cash.

    Lets say just 50% of them like PAR or have the spare capacity to back it...at a not so unreasonable average of $10 K investment thats 50% x 180 x $10K = $900 K divided by the ave SP of $1.57 = 575,000...add that to perhaps a lower day's volume of 300,000 gives me 875,000 shares, should result in what, 3 or 4 cents up tomorrow. Yes I know there are other factors like overall market, and how many sellers etc. But lets see how it pans out.
    Maybe Im totally wrong. Anyway, was kinda fun doing the maths.

    Have a good night Paradigmers...


 
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